The effect of cheap money, is there opportunity in the real estate market? – Explica .co

The effect of cheap money, is there opportunity in the real estate market?

Mobility restrictions have driven household savings to record highs. The money reserves of Spanish families reached 14.8% of disposable income in the first year of the pandemic, 8.5 points more than in the previous year, according to data from the National Institute of Statistics (INE). Savings increased 126.6%, to 108,844 millionAt the same time that consumption sank by 12% and the disposable income of Spanish households decreased by 3.3% compared to the previous year, reaching 739,585 million.

It has also promoted teleworking and a greater appetite for open spaces such as terraces, gardens, larger homes with swimming pools… and also a greater demand for houses in the mountains, on the beach and away from the big cities. But the real estate market is much more than the residential segment, logistics is experiencing a real ‘boom’ due to the…

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